← New search
Okaloosa County, FL · Sold

FL-648759

670 County Road 46

$1,095,700
$4,274/ac · 256 ac
Acreage256 ac
Price per acre$4,274/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesPower at road
TopographySloped
ListedJul 24, 2025
Coordinates30.6647, -86.6577
Loading terrain…
County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Okaloosa County, Florida. Rural interior counties absorbing metro overflow; the country's hottest lot market.

View Okaloosa market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
39
Moderate risk
Wetlands6.8% of tract

Little to no mapped wetland coverage.

Average slope13.7%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power79 ft away

Power at or near the road.

Buildable area191.16 of 256.39 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,132,204
$895,356$1,369,053 · $4,416/ac on 256 ac
Asking vs estimate
-3.2%
In line with the comp set

Weighted from 10 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $1,095,700
Maximum allowable offer
$646,974
$2,523/ac · +30.0% target margin

You need $448,726 off asking to hit this margin.

All-in cost$701,967
Net resale$1,041,628
Projected profit$339,661
ROI+48.4%
Annualized+69.2%
Break-even resale$2,976/ac
Profit if resale lands off target
-20%
$131,336
-10%
$235,498
0%
$339,661
+10%
$443,824
+20%
$547,987
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
FL-149272
Gravel · Power at road
371.8Jul 23, 2026$2,277,5006,1264,65510.3 mi
82
FL-668979
Gravel · Off grid
300.7Aug 18, 2025$1,363,7004,5353,9585.5 mi
80
FL-828700
Gravel · Power at road
245.7Aug 2, 2025$1,926,3007,8415,4969.7 mi
77
FL-738096
Landlocked · Off grid
158.6Oct 26, 2025$506,5003,1933,3987.0 mi
73
FL-827987
Gravel · Power at road
146.6Sep 27, 2025$769,5005,2503,1725.9 mi
71
FL-609133
Paved · Full utilities
336.2Feb 21, 2025$1,823,0005,4232,94311.9 mi
67
FL-489137
Dirt · Full utilities
337.2Feb 22, 2024$2,300,9006,8245,2886.3 mi
67
FL-219841
Dirt · Off grid
561.5Dec 9, 2024$2,331,8004,1535,2172.0 mi
65
FL-707430
Dirt · Off grid
97.9Sep 9, 2024$662,8006,7705,2610.7 mi
63
FL-897080
Dirt · Off grid
76.0Mar 17, 2025$529,4006,9674,99510.9 mi
56
Show adjustment detail for the top comp
  • Tract size (371.79 ac → 256.39 ac)+11.4%
  • Access (Gravel → Landlocked)-32.0%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.